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The Marked Chart Wire · Business
Berkshire Hathaway
Berkshire Hathaway reported $357 billion in cash and continued stock buybacks in its third-quarter results. Weak performance at Geico drew more attention than those figures.
Part of a series: Berkshire Hathaway buys tech stakes, doubles buybacks as earnings fall
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Berkshire Hathaway
Berkshire Hathaway reported a 5.8 percent drop in operating earnings to $12.7 billion, driven by weaker insurance results. The company's cash reserves reached a record $377.4 billion, while share buybacks increased to $9.6 billion.
Berkshire Earnings
Berkshire Hathaway reported lower third-quarter earnings due to underwriting losses and reduced investment income. The company simultaneously increased its share repurchase program.
Berkshire Hathaway
Berkshire Hathaway doubled its stock buyback program while earnings declined. Apple, Amazon, and Microsoft remained resilient despite broader market weakness.
Berkshire
Berkshire Hathaway increased its stock buyback program in the third quarter while its operating earnings declined.
Berkshire Hathaway
Berkshire Hathaway reported that it more than doubled its share repurchases in the third quarter while both operating and overall profits fell.
Berkshire Hathaway
Berkshire Hathaway reported a 6 percent year-over-year decline in third-quarter operating earnings. The company's cash balance stood at $377.4 billion.
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